Hargreaves Lansdown to launch new funds as profits tumble 26%

Performance down across most metrics

James Baxter-Derrington
clock • 1 min read
The company recorded negative change across most performance metrics compared with the same period last year.
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The company recorded negative change across most performance metrics compared with the same period last year.

Hargreaves Lansdown is set to launch a new range of in-house funds in a bid to improve the competitiveness of its products while its profits tumbled over the first half of the year.

According to the platform's H1 2022 results, profits were down 26% year-on-year, falling to £269.2m over the past six months. The company recorded negative change across most performance metrics...

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